The Naked Truth - Big Kahuna a Myth Message Board

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To: John Pitera who wrote (58232)	8/24/1999 5:47:00 PM
From: Bull RidaH	of 86076

John, Looks like your read is correct and the 5 wave move lower did indeed end at 8/10's lows. As my analysis pegged that 5 wave move as "C" of the correction that's been in process since April, I have to expect this new impulse higher will take us to new highs in a couple weeks or sooner after we consolidate recent gains. Then we probably consolidate around the old highs on the S&P & NYSE before rocketing into the end of the year. Meanwhile, the Dow is set to continue it's impressive run, and really provided solid proof the correction in the market was & is over by setting new highs. Regards, Bull Ridah (fer sure now!) ;o)

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